”Time, cost overruns mar the prospects of infra projects”

A study stated that during the period between 1992 and 2009, time and cost overruns have delayed 850 infrastructure projects out of a 1,035. Meanwhile, of the 1,035 infrastructure sector projects completed during April 1992-March 2009, 41% faced cost overruns and 82% saw time overruns. This was said by a joint study by professional services [...]